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Yueying: Bitcoin Ethereum market analysis for today, 5.3-4. Is the daily line showing a double top or continuing to rise to see 83000?

CN
财经达人周悦盈
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10 days ago
AI summarizes in 5 seconds.

In a person's self-discipline lies infinite possibilities; the degree of your self-discipline determines the height of your life.

There is no shortcut in life, but every step you take counts.

The harder you work, the more diligent you are; the more self-disciplined you are, the more excellent you become. I am Zhou Yueying, focusing on the trend analysis of mainstream currencies, offering insights based on my own expertise.

Yueying's strategy here only has precise points, without vague ranges or vicinity; friends who like Yueying can click to follow. Let’s see today’s share!

Technical Analysis of Bitcoin————

On the daily chart, Bitcoin's previous candlestick closed positively and is operating near the upper band, maintaining high consolidation at the opening of the trading day. The Bollinger Bands are slightly opening upwards, and the short-term moving averages are parallel; the MACD fast and slow lines are narrowing, and the volume bars continue to decrease. The KDJ is extending upwards while noting resistance near the 100 level, and the VR indicator is consolidating around the 170 level. On the four-hour chart, the market is stretching up with consecutive bullish candlesticks around the 78000 level, currently running above the moving averages; the Bollinger Bands are opening upwards as the short-term moving averages are trending upwards; the MACD fast and slow lines are turning upwards while the volume bars continue to decrease; the KDJ has support and is turning upwards, and the VR indicator is consolidating around the 140 level. Overall, the market is seeing a rebound, testing the previous high area again; although the technical indicators are strong, the resistance just below 80,000 is still worth paying attention to, as there is a probability of a double top pattern on the daily candlestick chart. If it breaks through, there is no need to chase blindly; just focus on the resistance around 82,000, with short-term support to watch for around 77,000. The short-term thinking is currently like this; look at the short-term suggestions.

Short-term suggestion for Bitcoin: Sell at 79,500 (Sell at 81,500), Buy at 77,500 (Activate the strategy to seize profit on your own)

Technical Analysis of Ether——

On the four-hour chart, Ether is slowly rising, rebounding with consecutive bullish candlesticks after getting support at the middle band and the 60-day moving average. The overall trend logic can refer to Bitcoin. Focus on the short-term resistance around 2,400 above and the support around 2,250 below; look at the short-term suggestions.

Short-term suggestion for Ether: Sell at 2,380, Buy at 2,260(Activate the strategy to seize profit on your own)

——I am Zhou Yueying, a teacher focused on technical analysis. Anyone with questions regarding operations or trends can communicate and learn with me! Exchange ideas and achieve profits together!

The article publication review has a delay, and the market changes rapidly; the above suggestions are for reference only, and risks are borne by individuals! The market changes daily, and all I can do is use my years of practical experience to provide you with slight assistance, guiding your investment decisions and business management in the right direction. Meeting is fate; I am someone who believes in fate. If you have any doubts in the crypto world, feel free to follow Zhou Yueying; I believe it will help you.


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Selected Articles by 财经达人周悦盈

4 hours ago
Yueying: May 14 Bitcoin Ethereum Today's Market Analysis Is It Peaking Short-Term? Can We Still Trust the Daily Middle Track?
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Yueying: May 13 Bitcoin Ethereum today's market analysis Can the 80,000 barrier be maintained? Including current price strategy advice
2 days ago
Yueying: Bitcoin and Ethereum market analysis for May 12, long and short standoff, deep dive wash trading about to come? Includes latest strategy.
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